Canopy Rivers, the venture capital arm of Canadian cannabis producer Canopy Growth Corp, will begin trading September 9, 2019 on the Toronto Stock Exchange. The stock will list under the ticker symbol “RIV.” Narbe Alexandrian is serving as president and CEO of Canopy Rivers.
TORONTO, Sept. 9, 2019 /PRNewswire/ – Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, is pleased to announce that, as of the opening of the markets today, its class A subordinated voting shares will begin trading on the Toronto Stock Exchange (the “TSX”) under the ticker symbol “RIV”. This milestone was achieved within less than one year of Canopy Rivers’ initial go-public transaction. No further action is required by existing shareholders.
“We are proud to join a class of issuers that includes many reputable domestic and international companies,” said Narbe Alexandrian, President and CEO of Canopy Rivers. “We believe that graduating to the TSX will improve awareness about Canopy Rivers and enhance liquidity for our shareholders and other market participants.”
On September 24, 2019, Canopy Rivers will participate in the TSX market open ceremony.
About Canopy Rivers:
Canopy Rivers is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED,NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem.